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energy. the former government said it would aim to take all reactors off line within a couple of decades but now a new government is in power and promising a different approach. >> reporter: prime minister abe is putting everything on the table when it comes to japan's energy policy. he and others in the committee have said they will explore possibilities including restarting nuclear reactors. >> translator: we need to decide our energy policy based on technical assessments. we will not start with the conclusion of halting nuclear power generation by the 2030s. >> reporter: the previous administration led by former prime minister yoshihko noda drafted an energy policy that stated the government would aim to shut down all nuclear plants by the 2030s. before last year's accident in fukushima, nuclear power accounted for 26% of the total energy supply in japan. currently only two out of 50 reactors in the country are online adding a mere 3% to the supply. fossil fuels are taking up the slack. utilities are paying more to import lng or liquefied natural gas to fire thermal plants. many are p
to question the use of atomic energy. the former government said it would aim to take all reactors off line within a couple of decades but now a new government is in power and promising a different approach. >> reporter: prime minister abe is putting everything on the table when it comes to japan's energy policy. he and others in the committee have said they will explore possibilities including restarting nuclear reactors. >> translator: we need to decide our energy policy based on technical assessments. we will not start with the conclusion of halting nuclear power generation by the 2030s. >> reporter: the previous administration led by former prime minister yoshihko noda drafted an energy policy that stated the government would aim to shut down all nuclear plants by the 2030s. before last year's accident in fukushima, nuclear power accounted for 26% of the total energy supply in japan. currently only two out of 50 reactors in the country are online adding a mere 3% to the supply. fossil fuels are taking up the slack. utilities are paying more to import lng or liquefied natural gas to fire
energy drilling policies to get at the national resources and of course, the big story that you mentioned, paul, is what's happening with right to work, it wasn't just michigan, sometimes we forget earlier indiana became a right to work state, too, so, two midwestern states that have traditionally been pretty heavily unionized moved to right to work and i wouldn't be surprised if next year we see a couple more states fall. >> interesting contrast in maryland and virginia, neighboring states. you have in virginia, a republican governor cutting taxes, cutting spending. in maryland, you have a liberal democratic governor who's raised tacks all kinds of taxes, income taxes, gas taxes sales taxes, you name it. as a result virginia has a job growth rate that is three times that of maryland. virginia has a lower unemployment rate. so you see that contrast and paul, i think in this election, it actually worked to the president's benefit in some of the swing states like o-ohio and virginia and you had the voters in the states experiencing above average growth thanks to the policies of republican g
on this pig. >> look closer at the energy sector. it was the worse performer with energy stocks ending lower for the sixth straight session. the move lower comes despite a rise in more than 2% on crude oil this week. david? david: as was just said, it's not all red. there is some green on this markets, and it's focusing on retailers. barnes & noble, macy's, zales. people buying diamond rings and bracelets. >> oh, i wouldn't know, david. i'm not a realist, apparently. david: only one woman on my diamond list, but go ahead. >> a look overseas at japan, last trading day of the year, shares closing, get this, at the highest level since last year's tsunami for the year gaining 23%, the biggest percentage rise since 2005. ending on a nice positive note over there. david: wish it was good here. congressional leaders meeting with the president, what's hanging on the edge of the cliff is higher taxes on dividends. coming up, the chairman and ceo of southern company owning a bunch of power companies in the south tells us why the tax hike would be a huge blow to his industry, a blow everybody will feel
>> and new at ten. coal is set to become the world's number one energy source by 2017. environmentalists, as you can imagine, are not the happy and as more and more countries use coal in just five years, china will be the number one consumer of the so-called dirty energy, we'll talk about that with an environmentalist, also, we also have our eyes on washington, of course, lawmakers are on vacation, but there still is no deal on taxes. nearly every american is going to have to pay more in just eight days if congress can't reach some kind of an agreement. checking the big board right now, the dow jones industrial average is down about 41 points. again, we've got a half day of trading and we close today at 1 p.m., so that traders can go out on christmas break. light volume, but there are significant movers that we'll talk about in just a second. in particular, apple and jb penpejb-- j.c. penney. we have shibani joshi and adam shapiro as well and first to nicole, j.c. penney, a lot of people worried about retail sales, think it's going to hit companies like j.c. penney har
and shine has more energy needs for more energy than they can produce themselves, and to maintain the economic growth which they believe is essential. we observed that the south china sea is a potential source of energy supplies for china and that there is a contention among the nations in that region as to where the ownership and rights of access are to the south china sea. and this is conceivable that china might seek to reestablish its claim there by military coercion and that could lead them into a confrontation with the united states' desire to maintain free access. the best way of avoiding that military conflict is what we should see because the military conflict with china would be catastrophic for both nations, indeed for the whole region. so, we want to avoid that. i believe the best way of avoiding that is by maintaining a -- continuing to maintain a strong naval presence in the region, and by having an unambiguous commitment to doing that. i believe that our new national security strategy is that unambiguous commitment, and i believe that the u.s. navy is capable of mai
and that runner should start to sprint soon as america begins to reap the rewards of its domestic energy boom. we're extracting record amounts of oil and gas from shale through fracking and other technologies. pushing prices for natural gas which is used in part to generate electricity down. that helps utilities and heavy industry compete. creating more jobs for americans, all of these things put together are sending my runner, the u.s. economy, dashing ever faster down that road toward an economic renaissance. one that offers real prosperity. real jobs for years to come. but running fast on this road requires something else -- an investment in infrastructure. and that's a subject of discussion i really had with harvard professor ken rogoff, "wall street journal" editorial righter. and i started off by asking how can you convince lawmakers that infrastructure money is well spent and how can you insure that the money is in fact well spent? >> i think you have to have firm regulatory oversight. it's not something you can just spend the money and walk away from. but there are the electricity grid, w
a move to the downside. including intel, texas instruments and farm holdings. david: the whole energy sector, names like chevron, marathon, all posting losses today. lori: retailers themselves were not all in on the holiday spirit on this christmas eve trading day. back in eagle, staples among the biggest losers in the sector. david: those idiots inside the beltway cannot seem to get it figured out. don't expect one anytime soon. lawmakers are gone for the holiday, so does the white house even want a deal by the new year, or automatic tax hikes what they want in order to balance their spending? more on that coming up, does the president really wants to go over the fiscal cliff? lori: cannot wait to hear where we stand, the latest negotiation or any at all on the cliff. spending specifically on toys. there is not a runaway must-have toy this year, but there are some hits and a few misses as well. what will be under the trees or what will be stuck on the retail shelves. david: but first, we will tell you what drove the market today with today's "data download." continued gridlock in the
be across the board for everybody and, in the energy area, if take really come down hard on fracking which has been a very important asset for our country. >> all right, sorry we have to leave it there. an interesting conversation. thank you very much wane. best wishes for the new your. wayne kaufman of john thomas financial. thanks a lot >> susie: the fiscal cliff isn't the only drama playing out for the u.s. economy: there's also the "container cliff". 14 ports along the u.s. east and gulf coasts are at risk of closing if longshoremen and the international maritime alliance cannot reach a deal by saturday. federal mediators have been called in to help with last minute negotiations. at the heart of the dispute: container royalties. those fees charged to shippers were implemented in the 1960s to help dock workers displaced by technology. the maritime alliance wants the royalties capped. earlier this month a port strike in southern california, cost an estimated $1 billion a day. netflix is blaming problems at its web service provider, amazon for a server outage that took down its streaming
at the enterprise institute and i work on primarily energy and environmental policy issues. i'm a scientist as well as alex and my doctoral degree is environmental science and engineering. so i am really excited to have this event today on science called "science left behind," alex's great book, and before we start, if i seem a little fuzzy you've seen the commercial that goes something like this when you pay too much for cable you through things and if you throw things people think you have anger issues some people think you have anger issues in your schedule up and you grow a scraggly beard and you start taking in stray animals and you can't stop taking in stray animals don't pay much for cable. i have my own version today to the appeal to the kafeel you have a checkup and when he gives you a check that you have a flu shot at a tetanus booster. when you have the booster do we get the next a feeling like you've been beaten by a guerrilla with a baseball bat. and you feel you've been beaten by a gorilla with a baseball bat to wander into the street and get hit by a truck. don't get a checkup when y
their stake in the energy business. energy was once a popular investment on wall street. in 2008, big banks were so involved in the market that banks powered an estimated 2 out of every 5 residential customers. however, lower prices and more regulation following the enron collapse are causing firms to take a step back from the business. recently, federal regulators banned jpmorgan chase from selling electricity for 6 months. it's part of an investigation that the bank manipulated energy prices in some parts of the u.s. the holiday parties are winding down on wall street. several financial firms in new york called off holiday events or scaled back. report say morgan stanely and credit suisse did not sponsor parties. citigroup, deutche bank, barclays and the investment banking unit of bank of america left it up to individual departments to pay out of their own accounts. back in the day, as in before the financial crisis, wall street firms rented out nightclubs and steakhouses in midtown for holiday celebrations. the u.s. government is calling in the national academy of sciences for yet anothe
it, merry christmas. well, energy guzzler, china's coal imports are almost up 35% since this time last year. the international energy agency warns that coal is on track to be the world's chief energy source by 2017 mainly because of china. what's an environmentalist to do about all this of. we asked bob deans of the natural resources defense council at the top of the hour. stay tuned. and let's go back to nicole for a check on microsoft right now. of course that's stuart's favorite stock. what's it doing? >> that's right, he always discloses that he owns some shares. well, if he were to be watching right this moment he'd be disappointed because the stock here is down nearly 1%. the biggest loser in the dow jones industrials and the experts have been watching the shopping this holiday season, are not seeing the shoppers really buying windows 8, the latest microsoft software and saying while the parking lots have been full in the malls and such and apple store is bustling and people are leaving with packages, while people are intrigued with microsoft 8 they're not really getting in
on the mileage stickers on cars. it improves our energy efficiency. that's a good thing. that is spurring growth. but the kind of reforms we have on wall street have not solved the problem. look at what happened last week's at usb, not only wild and irresponsible behavior, but then we have attorney general holder determining that he general holderubs the fullest -- attorney general holders a betty cannot prosecute ubs because he is afraid ubs is too big to shut down and would destroy financial markets. i thought dodd-frank was supposed to fix that. what was so disconcerting was the democrats did not join senator grassley in their u.n outcry about that protect the integrity of financial markets. it is something that should be bipartisan. but it is not, apparently. that is an example of regulation cannot afford. not all it is it is expensive, it's keeping people from getting loans, and it is impeding economic growth, which we need to pay for that column i talked about. host: on twitter -- guest: it is not. it is something people gravitate to because they use a rhetorical device to say there's a wa
and his minister also devote energy to foreign policy. he says they will strengthen diplomatic and security policies. >> translator: we should rebuild our diplomacy to protect our national interests. we are facing many challenges in our relations with china, south korea and even with the united states on which japan's security is based. strengthening japan/ize lie yans is the first step toward rebuilding japan's diplomacy and security. >> abe promised the central government will take the lead in rebuilding disaster-hit regions in northeastern japan, especially fukushima prefecture, home to the damaged nuclear plant. the new prime minister says he will achieve results as soon as possible to redeem the trust of the japanese people. >>> prime minister abe's launched his cabinet tuesday after the top lawmakers elected him to the top job. both houses of parliament elected abe as prime minister, a post he held between 2006 and 2007. abe is the first politician in 64 years to return to the position after resigning. his liberal democrats ruled japan almost continuously for half a centu
energy is going to involve lots of investment, lots of jobs, lots of growth. what kind of growth? and in the long term there may be this question of. >> caller: an economy, can capitalism grow infin nightly? more immediately we have this subset of that question which is can we keep burning fossil fuels and the answer is no. >> and there's a nonenvironmental aspect to this. >> yeah. there are a lot of things that are wrong with gross domestic product. bobby kennedy talked about it in 1968 in which i keep going back and finding these kennedy quotes. it says, if we judge the united states of america by that, it counts air pollution and cigarette advertising and ambulances to clear away our highways of carnage yet the gross national product does not allow for the health of our children, the quality of education or joy of their play. in short, it measures everything except that which makes life worthwhile. it can tell us everything about america except why we are proud that we are americans. >> great quote from bobby kennedy. we're going to keep talking about growth, its limits, and h
. but now to get a small improvement is very expensive with energy and dollars and who fought. health. and a stroke, heart disease, depression, depress ion and cancer and a higher rate of suicide. john: that means the factory may not open and every business takes longer. money going to create new things goes to pollution-control. >> closes down coal-fired power plants. there has been 50. impact of that to on the community with those who have paid jobs the issue over 1300 regulations better economically significant. john: epa admits that but the cost is over $100 million per regulation but the benefits are so great which is a reduction of future health care cost. a cost is real but benefits are unknown but these people are out of work and we know people are made sick and the tests they cannot get back to work. >> the benefits of waiting early death far exceed the cost of the clean air rule. >> that is the made up number focused on small incremental improvements. we see people out of work have chronic long-term unemployment igh risk of heart disease, stroke, high blood pressure, police
and have enormous problems, but i don't think i've ever met someone who was a totally dark energy that had no humanity or sense of love or affection for anything in their life. that's very rare. but i think that as human beings we tend to compartmentalize, and we have a selective morality based on the situation we're in. and i think that's a very modern thing. it's a problem we have and that we cheat on our taxes and maybe we have a mistress on the side, but in this other area we're totally honest and straightforward and have a moral point of view that is consistent, and we think that's okay. but the moral decisions we make in one part of our life resonate through everything, and i think that's a lot of what we're talking about in this film as well. tavis: the characters are not the same, i want to be clear about that, but i was fascinated to go back through your corpus of work and i think i knew this, but i had forgotten it. you famously turned down the gordon gekko character, michael douglas played that. >> everyone asks me about that. first of all, no one could have done this better tha
. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. is >> doug: state department officials are partially to blame at the benghazi consulate that left four miles per hours dead might get off easier than originally thought. "new york post" report that individuals remain on the state department payroll and will be back to work soon. they point to a statement saying all four are on administrative leave pending further action. did you know that you can weigh in on government regulations? that is news to you, you are not alope. correspondent shannon bream tells us the comment period for input is getting shorter and shorter. >> if you don't pay attention to it, this is a whole part of the government that is operating secret otherwise. >> when congress passes a law, something massive as the 2 2,409 page affordable care tract is the beginning. they are given authority to issue regulation to spell out how the law will be enforced but not before giving the public a chance
, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >> doug: former president bush is in the hospital and unlikely he will leave intensive care unit anytime soon. spokesman says he is continuing to improve and is alert and in good spirits. the 88-year-old has been treated for over a month now after terrible case of bronchitis that triggered a series of complications. military hero and decorated four-star general normon schwarzkopf died on thursday. we look at his distinguished service to the united states. >> he spearheaded the lindbergh baby kidnapping. as a teenager he accompanied his father to iran where tolder trained the police and advised the shop. he served two tours in vietnam and highly decorated getting reputation to protect the troops and suggesting himself to enemy fire before them. the epitath should read he was a soldier who loved soldiers. he didn't suffer fools. his determination set him apart. >> going around or over. his plane-spoken qualities and bankruptness endeared him to the press and people. >> as far as saddam hussein
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master while recording my debut album. how u ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. time for citi price rewind. because your daughter really wants that pk castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on. the senate agricultural committee chairwoman pushing for a short-term extension to avert the cliff. but if that does not happen, no prices -- milk prices to go up to $8 per gallon. the supermarket group on how this is going to turn consumers soured. you bet that would. that's about double. >> i
about we won independence, energy independence in this country. gosh, it just seems like all of that is movi in the right direction. >> yes. we are projected to overtake saudi arabia and oil production in the next couple decades, precisely because of this palm. if you go out to places like north dakota, fo instance, which is about the balkan shale formation, uc -- it's incredible you have towns of 1 percent unemployment rates. north dakota has the lowest. tom: new york and california with all kinds of oil under their feet and they won't take it. >> that's right. you have groups of using the legal system, trying to up suits either prevent this from happening or tighten up regulations will bring regulation faugh to the federal level. it's a shame. as you know, these towns that have really been very -- hit very hard would do very wellif we expanded this pactice. tom: it would provide jobs, money, taxesnd all that. laughlin from the heritage. thank you. appreciate. >> thank you for adding me. tom: well, martin class by a teacher with no class. of for wearing a mitt romney t-shirt
check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is closed today for boxing day as are some of the former brish colonies. in europe the dax down about there about 35 points, around half a percent. and overnight in japan, the nikkei, the yen falling to a 20-month low. you have the nikkei up 1.5%. the nikkei -- yen versus the dollar as shinzo abe returns to office as japan's new prime minister, promising monetary and fiscal reforms. we have the shanghai composite there up about a quarter percent. >>> all right. in today's top stories, the u.s. is five days away from going over the fiscal cliff. president obama is cutting his holiday vacation short, returning to washington
the energy airforce base. during the reagan administration, a great big commission that sounfound a soln for social security, these were big public fora where discussions were held with the public and now everything seems to be happening behind closed doors. why could openness happened in years past and today we can seem to get to deal? >> in large measure because the media has so changed. in those days, you did not have 24-hour coverage. what you find with 24-hour coverage if an idea services, at 10:00 a.m., it is dead by 2:00 p.m. because everybody goes to the cameras. the cameras are there. ever-present and wine to -- wanting to hype something. before you debate it is dead. you really see that around here. >> there has been a fair bit of criticism of the president for not embracing the findings of that commission. what is your take? >> i advised the president not to embrace the specifics because i feared if he did, house republicans would automatically be in opposition. if you are part of the commission you saw that dynamic. there were 18 of us. six representing the president, six rep
you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >> announcer: from our family to yours. happy holidays, cramerica. peace and prosperity from all of us here at "mad money." >>> welcome back to "mad money" special earnings season companion show. how not to be overwhelmed by earnings reports and put them into perspective so you can profit from them in an informed and confident way, make money at home. we just went over how i like to use the earnings reports themselves to figure out the growth rate and relate it to the earnings report to figure out whether it's too expensive or too cheap against its sector and the rest of the market. the next way i use the earnings report is equally as important in some ways because of what i call the etf-ization of the market even more than the growth rate versus the price of the stock and earnings per share. i measure the stock's earnings growth ag
of renewable energy. these things are some of the changes in environmental law relative to emissions -- they are all part of that effort. we have got to do more. we have to build on that. but it is certainly a commitment. one thing we recognize is that it does not have to be a competition between our economy and our health, because renewable energy and clean energy have economic benefits that are pronounced, and people understand that. so we highlighted the issues we felt needed to be highlighted for voters who are going to make the decision in the election, but the president's agenda is reflected in his work, and i expect he will continue to work hard on this issue is. >> let's take these last questions as we wrap this up. >> thanks for coming back to the university of chicago. i have a quick follow up. yourding super pac's -- just now reclaim your concerns about unlimited money in campaign financing. on the other hand, we saw earlier today had democrats were already oiling up their machines for 2014 and 2016. what are the prospects for repealing citizens united or comprehensive cam
, the rule of law for all, the right of peaceful nuclear energy for all. >> but do you want, do you want, mr. -- >> allow me, sir. allow me. >> the question wasn't any of that. >> but i will get to that answer. don't be in such a hurry. >> should israel be wiped off the face of the map? is that your desire? >> translator: if a group comes and occupies the united states of america, destroys homes while women and children are in those homes, incarcerate the youth of america, impose five different wars on many neighbors and always threaten others, what would you do? what would you say? would you help it? would you help that entity or what you help the people of the united states? so when we say -- when we say to be wiped, we say for occupation to be wiped off from this world, for war seeking to be wiped off and eradicated, the killing of women and children to be eradicated and we propose the way, we propose the path. >> what they're really saying is despite the fact we deny the holocaust, threaten israel, demonize the united states and all this stuff, we want you to trust us. in spite of the fa
is watching. plus investing predictions you can't afford to mix. a closer look at the energy sector and fine out how you could make money maybe in that sector in 2013. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that do
on the energy markets. let's go to bertha coombs at the nymex. >> we are seeing a little bit of a pullback here when it comes to brent futures, and also across the board pretty much in energy today. not what you would necessarily expect with the weaker dollar. the concern, of course, is that if we do go over that fiscal cliff, no deal by the end of the year. that we will see some recessionary pressures here in the first quarter. at least that's what the congressional budget office is talking about. nat gas is feeling the pressure after a strong rally over the last couple of days. we're getting profit taking there. ironically, it comes after the commitment of traders report from the cftc saying we saw the biggest increase in terms of net long positions in nymex futures. gold holding steady. not necessarily being the big safe haven play. but it is among the strongest performers in the metals complex. we are seeing some strength in po laid yum and platinum. that according to rbc because of a new etf there. >> thank you very much, bertha coombs. we've got a travel doubleheader for you. former conti
education and research and development, investing in clean energy and technology, investing in infrastructure and dealing with the deficits were more -- in a more balanced way. it was about what our obligations are to each other. it was about big things. those are very, very big things. i will say that, for all of the critique about whether our campaign was about big things or not, the preoccupations of people who write about that -- and i used to do that for a living -- i don't try to separate myself -- many of them are my best friends -- there is an awful lot of horse race coverage of this presidential race. there is such a preoccupation with who will win and who will lose and so little real interest in what the implications are. >> we were talking about pulling. >> public polling is so voluminous now. any to kids with an abacus can do a poll of the corner grocery store and some national news are in position will cover it as if it is news. and maybe the billion tommy pulled him out today. -- the billy and tommy poll came out today. it can be done sound yet they produce res
this year. these are things that can tell you how much energy you're using, you can control them with your smartphone app so they can connect to the internet. so devices are getting smarter and smarter. they are learning our energy usage habits and are saving us energy. in fact, we have a nest in my house and it saved us about $300 a month this summer in air conditioning bills. >> the final one, what is it, 4d television or 4k television? >> this is ultra-high definition television. why have high definition when you can have ultra-high definition. someone who works in tv, i'm sure you're really excited to see this. sony is already selling these. they are about 25 grand so that's not affordable. >> how much better def do i get? now it's 1080p. how many more pixels do i get? >> you have to see it to believe it. i saw demos before and thought okay, you don't know you want this until you see it. then you think yes, i want this. sony is doubling down on this technology by remastering some of these movies for this type of technology. they've got "spider-man" out. i think we will talk about it --
of energy, raw materials, and all of them become more expensive in yen. and that will soon have some negative effect on the part of the japanese consumers. so i think those -- when we put all those things together, i think probably the reasonable outlook is that the japanese yen will continue to weaken but not in such a dramatic way as we have seen in the past few days. but rather very slowly. >>> well, let's get a check on stocks. tokyo's nikkei average is extending gains from yesterday following the yen's weakness. it's currently trading at 10,149, a gain of 2/3 of a percent from tuesday's close. investors are placing buy orders particularly on exporters as the yen is losing ground. they expect earnings for exporters may pick up. >>> now, toyota motor has launched a redesigned crown, one of its signature models. the auto maker aims to attract japanese car owners who are thinking about replacing their current vehicles. ♪ strangers in the night ♪ exchanging glances it's the 14th restyling of the crown. a high-end model that was first released back in 1955. the new crown features
for the fiscal year ending in march. they plan to implement new energy policies and the leaders agreed to encourage a national debate on revising the constitution. abe has prepared to take the reins by filling the ldp's top positions. masahiko komura and shigeru ishiba retained their posts. consumer affairs minister seiko noda as head of the party's general council. and sanae takaichi will change her focus from public relations to become the policy chief. cabinet ministers are falling into place. he selected longtime ally fumio kishida as foreign minister. he served as minister in charge of okinawa and the northern territories. analysts say that he chose him for his experience. the new foreign minister will have to deal with the relocation of the futenma air station in okinawa. abe is pressuring the bank of japan again to swiftly join his government and put an end to deflation. he says it's only natural for the government to get involved in shaping monetary policy noting that conventional steps have failed to pull japan out of the drawn-out price downturn. abe made his call with offici
that many get an energy power in the century. this is living in geography. your argument about russia and russia's in security would be that it's too flat. half the world's longitudes but it's indefensible, it runs north, south so they don't unite the country and had less people than bangladesh. 141 million people, bangladesh has more. so vladimir putin sent up near imperialism on the deepak geographical and security and that's how we should understand not as a madman hour to totalitarian but it's a very traditional autocrat. >> one of the interesting hinges of this book is your discussion about the fall of the berlin wall, and if i read it right, you say that it may appear optimists. it made us to convinced that himeno agencies our system of democracy, system of free markets would have the transforming power. >> talk about that and take that story through the 1980's and into the 90's. >> the fall of the berlin wall eliminated constraints. we thought because we can get to the red army out of eastern europe it suddenly with a transforming effect in the middle east and sub-saharan afric
believe that human beings have what i call discretionary energy that they can give you or not. and i don't think they will give it to you if they don't feel that they're treated with dignity and respect every day. if we'll can say, i'm treated with dignity and respect. a down payment on that is nobody ever gets hurt here, because we care about our own commitment to our safety, and we care about the people we work with. it swells up into everything you do, and it gives you a sense of pride with the organization you're involved with. >> then you ask them for extra productivity. >> you don't have to asked f it. you need to turn them loose. we went from 1.86 per 100 per year to cause them to miss a work day. we got to 0.13. to give you a reference point, the number in health medical care institutions in the united states is five. right? >> and now describe what happened to alcoa commercially, financially under your term. >> well, we -- i think we improved market capitalization of the company 900% while i was there. so we went from basically a company that the market valued at $4 billion to $
. what were you thinking? >> i believed that human beings have what i call discretionary energy that they can give you or not, and i don't think they will give it to you if they don't feel that they're treating with dignity and respect every day. if people can say i'm treated with dignity and respect, a down payment on that is nobody ever gets hurt here because we care about our own commitment to our safety and we care about the people we work with, and it swells up into everything you do so it creates a sense of pride about the organization you're involved in. >> and then you start asking them for increased productivity and increased -- >> they give it to you. you don't actually have to ask for it. you need to turn them loose. >> describe how alcoa did over the course of your tenure. >> well, we went from 1.86 for 100 workers per year having an injury that caused them to miss a lost work day. we got to 0.13. to give you a reference point, the number in health medical care institution in the united states is 5. >> and now describe what happened to alcoa commercially, financially
into alternative energy fuel. >> we want the tree kept separate on the curb with the regular carts. we want the trees be free of ornaments, tinsel or lights. >> last year, more than 500 tons of christmas trees collected in san francisco. the program's 26th year, starting january 2 to the 15th. >>> today is the first day of kwanzaa. there was a free concert to kick off the holiday. the tradition dates back to the '60s to honor family, community and culture. the festival continues through january 1. >>> starbucks getting political. the could have the chain is chain is asking workers in the d.c. area to write "come together" on the cups to suggest to lawmakers to come it a budget deal and avoid the "fiscal cliff." >>> unexpectedly falling in the naughty list. christmas present that became a family's triple x surprise. >> for christmas yesterday, a lot of you tried to take those presents outside and met one some rainfall. but today we are looking at different conditions. how long does the dry stick around? i have your seven-day forecast all the way to next year coming up. ,,,,,,,,,,,, look at y
speech at the democratic national convention injected energy and enthusiasm into the voters. >> herman cain was the leading republican contender. however, he was also the worst politician, but i'll get to that later. >> i had a long shot in naming chris christie because he firmed up his base in a democratic state. and i think at a time when the republicans now are seeing a resurgence among their moderates. i think in the long run he may prove to be the big winner of the year. >> these are all very interesting choices but they are all domestic. the best politician of 2012 was german chancellor angela merkle. she had to walk a tightrope between her german voters who do not favor bailing out europe and the european union. best politician, angela. you got it? you can write that down. pat, put it in your column. worst politician. >> susan rice. she was fed these phony talking points by the cia. she went on a defensive. and president obama left her, john, twisting slowly, slowly in the wind. she's gone. >> she'll still be our u.n. ambassador, though, pat. i give worst politician to mitt romn
of the manufacturing costs and some of the alternative energy manufacturing costs are coming down. the equation is a little more balanced, and that said, you know, in the case of apple, they do the manufactures here, but in the case where they have to integrate design and production to make the new iphone, they do that stuff here, but then theyoff shore mass production which is the biggest challenge for the united states. how to get the mass production back. where -- most of the companies i focus on are either small or medium sizedded businesses. they are making niche products or interesting customized products where you can't mass produce it. you can't just offshore that to china, or they are constantly staying at the front of the innovation curve. one of the companies named one, two, three, that i deal with says they basically have an agreement with china saying that they will give them all the old technology to satisfy the joint venture agreement as long as they don't have to give them their newest latest technology. they are basically giving them intellectual property that's anything but th
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